Description: This is the abstract of a paper that builds on previous work concerned with measuring equity, and considers the problem of using observed claim data or other information to arrive at premiums which maximize equity. When these optimal premiums are used, it is shown that gathering more information or refining the risk classification must always increase equity.

Description: Traditional discounting is hazardous to corporate health unless, as this paper demonstrates, it is turned on its head and insurance managers adopt the methods of prudent bankers. From Transactions of Society of Actuaries 1987, Vol. 39.

Description: This paper deals with the problem of determining the effect on reserves of variations in the assumptions. A general approach to this problem is presented and then used to extend Lidstone's theorem, mainly to cases involving a nonmonotone critical function. From Transactions of Society of Actuaries 1981, Vol. 33.